Anavex Life Sciences Corp (AVXL)

[123tom]

Magic 8 Ball says...
Count on it.
Bleeding down and tumbling down, and bouncing a little to load up and Bleeding down and tumbling down... into the 3's, how low down, 1 dollar targets from all the resistance peaks, 4.75 to 3.75, 4.55 waits for 3.55, /3.40,3.30, 3.40, 3.30.... 3.40 is a special target partner for the far away 6.80 peak, the last major rally peak that rolled over , it would be a 50% haircut. 50% haircuts are us. I pulled away my 4.00 bids, looking at 3.50-3.30 now, not advice for others, just my own magic 8 ball. 🎱
The major cycle Bottom Zone is 2.00-4.00. If I didn't own any, and wanted to begin investing, I would start slowly nibbling at 4.00, and not buy any above 4.00, and I'd add pieces as it bleeds down steps, 3.75, 3.50, etc, down to 3.00 and more in the 2's. this is only how I would invest. Then wait for great news. Maybe when the lawsuit gets dismissed, we will see a Bottom and a bounce. When will that be?